A 47-year-old businessman, Sylvester Hossi, was on Tuesday arraigned at an Igbosere Magistrate’s Court for allegedly obtaining N2 million under pretence.
Hossi is facing a three-count charge of conspiracy, obtaining money under false pretence and stealing.
The Prosecutor, Sgt. Haruna Ibrahim, said the accused, hiding under the pretext of procuring a deed of bank transaction, on March 1 obtained the money from Latee Jay Nigeria Ltd., Lagos.
He said the accused in the process also forged a document which was to be used by him to secure a bank loan.
Ibrahim said the offence contravened Sections 516, 419 and 390 (9) of the Criminal Code, Laws of Lagos State, 2003.
The accused pleaded not guilty to the charge and was granted bail in the sum of N100,000 with two sureties in like sum.
Magistrate, J.A. Adegun adjourned the case till Jan. 12, 2011 for mention.
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